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Old 06-08-2008, 09:38 AM   #25 (permalink)
Baraka_Guru
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Location: East-central Canada
Quote:
Originally Posted by ironman
So what if I want to burn gas like crazy in a f-ing monstrosity? Last time I checked, gas prices weren't high because of scarcity....
It's not scarcity in terms of total supply; we aren't running out...yet. It's more about scarcity in terms of supply growth. We're not finding enough new oil to keep up with increasing demand, and the sweet light crude is running out. This will cause prices to go up eventually; some are predicting $200/barrel by the end of the decade. These same people were predicting $100/barrel when others thought the idea was ludicrous.

This is why SUVs everywhere can be a bad idea. The cost of gas will go up to keep up with that demand. You can literally cut your gasoline use in half by switching vehicles. This is quite doable if you're mainly a city commuter who simply likes SUVs because they're pretty.

Quote:
By the way, I drive a Yaris hatchback, I think yo call them Echos up north.
They're now called Yaris in Canada. Nice cars.
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Last edited by Baraka_Guru; 06-08-2008 at 09:52 AM..
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